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MCAE: Opportunities for continuation of investment

MCAE: Opportunities for continuation of investment

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DILI, 03 december 2024 (TATOLI) – Minister Coordinator for Economic Affairs (MCAE) through the TradeInvest, Minister of Trade and Industry (MCI), Secretary of State for Art and Culture (SEAC) and the Timor-Leste Embassy in Singapore, working together with the Singapore Industrial Federation (SMF), organize the “Timor-Leste Trade and Investment Forum” on 2nd December 2024.

The business forum was held with the objective of providing for the promotion, explore and prove information, guarentee the potential of productive sectors that will have a positive impact on attracting foreign direct investment.

The sharing of accurate and credible information by relevant government entities will ensure investor confidence, especially from abroad.

There is great hope from this result that Timor-Leste will become an attractive destination for investment, in order to diversify the economy, create jobs and gradually free itself from dependence on the oil sector.

The business forum was attended by the Minister of Commerce and Industry, Nino Pereira, Secretary of State for Arts and Culture, Jorge S. Cristovão, Governor of the Central Bank, Helder Lopes, Ambassador Alex Tilman, Executive Director TradeInvest, Arcanjo da Silva, Director General of the Ministry of Tourism and Environment, Antônio da Silva, Vice-President of CCI-TL, Herguilina Alves and with important guests the President of the Singapore Manufacturing Federation, Lennon Tan and Vice President Melvin Tan. The event also was attended by the private sector from TL and Singapore.

 

 

TATOLI

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